Rihanna’s big night is almost here!

Influencer Ariana Fletcher is seemingly revealing what happened with her Savage X Fenty deal.

Business for Rihanna’s Savage X Fenty has been booming as of late. In January, AfroTech previously shared that the lingerie brand raised $125 million in a Series C funding round — bringing its total venture capital funding to $310 million. The round included participation from Neuberger Berman, L Catterton, Avenir, Sunley House Capital, and Jay-Z’s Marcy Venture Partners. According to Savage X Fenty co-presidents Christiane Pendarvis and Natalie Guzman, the new funding is for “retail domination.” The brand’s evolution continues as Rihanna is reportedly looking to take it public. According to Bloomberg, the business maven has been “working with advisers on an initial public offering” that could possibly take Savage X Fenty to a valuation of $3 billion or more. The banks that her company is said to be working with is Goldman Sachs Group Inc. and Morgan Stanley, according to the outlet’s sources. The listing could go into effect this year, but nothing has been publicly confirmed yet by...

We’ve all experienced the inevitable hassle of trying to find our right size while shopping for clothes — especially for bras — but who other than Rihanna to swoop in and save the day. The singer is coming to the rescue, and the “S” on her chest stands for Savage X Fenty. With the lingerie brand’s first-ever brick-and-mortar store now opened in Las Vegas, the store also debuted its augmented reality (AR) technology from apparel matching platform Fit:Match, according to Adweek. “We’re extremely pleased to partner with Fit:Match to lead innovation in the shopping experience and eliminate the fit question for our Savage X Fenty customers,” co-presidents Christiane Pendarvis and Natalie Guzman shared in a statement.

It’s finally here, Rihanna’s Savage X Fenty is set to open its very own retail stores. On Friday, Jan. 7, Rihanna announced in a tweet that the $1 billion lingerie brand will expand to include brick-and-mortar stores starting with a handful of cities in the U.S. 2022, we coming in HOT! we bout to bring you a whole new #SavageXFenty experience with the launch of our brick-and-mortar retail stores! pic.twitter.com/KbAI937ZBx — Rihanna (@rihanna) January 7, 2022 “2022, we coming in HOT! We bout to bring you a whole new #SavageXFenty experience with the launch of brick-and-mortar retail stores,” the singer wrote in a tweet accompanied by an exclusive mockup of the upcoming store.

Rihanna has officially hit billionaire status! The singer, born Robyn Fenty, didn’t just rise to the top as an entertainer, but over the past few years she’s become quite the businesswoman thanks to Fenty Beauty — the cosmetics company made to make “women everywhere (feel) included.” After launching in 2017, Fenty Beauty is now the reason that Rihanna has hit billionaire status. The 33-year-old is now worth an estimated $1.7 billion, according to Forbes. Not only does this make her the wealthiest female musician in the world, but now Rihanna is alongside Oprah Winfrey as the richest female entertainer. An estimated $1.4 billion of her fortune is all thanks to Fenty Beauty which the “Love On The Brain Singer” owns half of. The rest of her coins comes from her lingerie company, Savage x Fenty, which is worth an estimated $270 million and the remaining amount is thanks to the money she’s made as a chart-topping musician and actress. If folks haven’t considered Rihanna a mogul yet, they...

Savage X Fenty, the lingerie line curated by international pop superstar Rihanna , has just announced that it’s closed a $115 million Series B funding round. According to Marketwatch, while this funding round — which was led by private-equity firm L Catterton — will be used to get the popular brand into brick-and-mortar stores, the news comes hot on the heels of the announcement that the high-end Fenty line, which was released in partnership with LVMH, will “pause” production. This, ultimately, has a two-fold meaning for Rihanna’s business ventures. Fenty’s “pausing” is indicative of the near-demise of high-end fashion in the wake of the coronavirus pandemic. In a statement, LVMH has said that it’s halting the production of the high-end line in the hopes that it can pick it up again when the availability presents itself. “Rihanna and LVMH have jointly made the decision to put on hold the ready-to-wear activity, pending better conditions,” a company spokesman said to WWD. However,...